Montenegrin police have stated that former CFO of Terraform Labs, Han Chang-joon, has been extradited from Montenegro to South Korea on February 5, according to the statement.
Identified as J.C.H., he was arrested at the Montenegrin capital’s airport with former CEO Do Kwon on March 23, after using fake Costa Rican passports in an attempt to fly to Dubai on a private jet.
The police statement released by Montenegro Authorities says that Han, who has been handed over to South Korean authorities, is facing several fraud-related charges and may be sentenced to life imprisonment.
It was also reported that Kwon may potentially face up to 40 years in prison, according to a South Korean newspaper.
After serving a four-month sentence in a Montenegrin prison for falsifying travel documents, Han and Kwon were extradited to face prosecution in South Korea.
